Study shows trends among MBA students
According to a recent study by the Graduate Management Admissions Council shows trends in why students pursue a master's degree in business administration (MBA) and what they plan to do with this credential once they graduate.
For example, the study shows that when students enroll in this type of advanced degree program, about 73 percent intend to learn about general business functions. Approximately 44 percent of students said they would like to gain knowledge of human behavior and society, while 35 percent said that they would like to study technology, design and production.
During their programs, a majority of students also intended to take advantage of their school's extracurricular offerings. About 60 percent said they planned on joining a student club, while 61 percent said they would like to complete an internship.
When students enter MBA programs, many are working towards a career in a particular industry. According to the study, about 35 percent of students hope to hold jobs in finance or accounting, while 30 percent would like to work in the product and services industry.
According to the Bureau of Labor Statistics, an advanced degree such as an MBA can qualify students for many different positions in a variety of fields. For example, the top executives of a company are typically required to have a master's.